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Washington REIT Acquires Alexandria Apartments for $224M
The community consists of 1,222 units and has the potential for more development.
WRIT Buys DC’s Spring Valley Retail Center for $40.5M
By Adrian Maties, Associate Editor Washington Real Estate Investment Trust has completed its fourth consecutive acquisition in 2014. At the start of October, WRIT announced the off-market acquisition of Spring Valley Retail Center for $40.5 million. So far this year, the real estate investment trust has invested approximately $300 million. The Spring Valley Retail Center [...]
Washington Real Estate Investment Trust Buys Downtown Washington, DC, Office Building for $104.5M
Washington Real Estate Investment Trust continues its buying spree in downtown Washington, D.C. The Rockville-based real estate investment trust announced on May 1 it has acquired the office building at 1775 Eye Street, NW, in the city’s Central Business District. The property changed hands for $104.5 million.